41
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40138 Hillcrest Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2026 | Price Decreased |
$619,000
↓ $31K
(4.8%) | |
| Price Decreased | |||
| Mar 16, 2026 | Listed by Re/Max Area Experts | $650,000 | |
| Listed by Re/Max Area Experts | |||
| May 1, 2025 | Price Decreased |
$674,000
↓ $16K
(2.3%) | |
| Price Decreased | |||
| Feb 27, 2025 | Listed | $689,900 | |
| Listed | |||
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Surrounded by towering pines, this lovely 3-bedroom, 2-bath cabin is the perfect mountain retreat! Right around the corner from The Village, incredible restaurants, Big Bear Lake and Marinas. Just a few blocks from amazing hiking and off-roading at the National Forest. Whether you’re escaping the city for a weekend of adventure or searching for a place to call home, this property offers the perfect blend of rustic charm and modern convenience! The expansive backyard is where it's at! A private setting, designed for both relaxation and entertainment. Enjoy al fresco dining on the multi-level deck, unwind under twinkling string lights, or gather around the fire pit for laughter-filled evenings under the stars. A horseshoe pit adds a touch of nostalgic fun, while the fenced yard ensures both privacy and a feeling of serenity. Additional highlights include a spacious game room with a bar, pool table, and foosball table in the garage, a three-car driveway with RV and boat parking, and a charming porch swing to sip coffee and soak in the crisp mountain air. Step inside to an inviting living area, where a lovely stone fireplace sets the scene for cozy evenings by the fire. The updated kitchen, complete with modern countertops and bar seating, flows nicely into the dining area and open living space—perfect for gathering with family and friends. Whether you seek solitude, adventure, or the perfect balance of both, this home is your gateway to an extraordinary mountain lifestyle!
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| Jul 16, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017